the markets to be careful about, but a south florida or new york industryic city economy. houses markets are so strong because it is a shrinking inventory, it pushes property value up. liz: the viewer is probably thinking, i thought we were in a huge housing crack up. then we're in recovery mode, i to to report a statement about a case schuller study. this person is a critic, watch out for housing numbers that are coming in. data is skewed, neighborhoods where subprime lending was rampant, and massive foreclosures, and now you see people coming in to buy these houses, that is spewing the data upwards, there has been a lot of price depreciation since 2006 in those areas, should be put this in perspective of what really happened in the housing market? >> wehould, but we need to look at, at median income price point, rental rates, they have escalated over the last 5 years, rental rates for apartments have sky-rocketed. now the delta between cost of homeownership and cost of renting is equivalent, in some cases it is more expensive to rent than buy, in those markets that is wh